DAX intraday update (Part 1)
Monday, May 25, 2009
This DAX movement (cash), since the highs (5060 points), looks like corrective (wedge) so maybe DAX can do another high to finished this uptrend.
SPX intraday update (Part 1)
Another day, another alternative count. These messy waves makes me crasy.
SPX daily update
The last hour on friday seems the beginning of wave iii of iii, but this wave had already waves interceptions, so maybe SPX can (try) test the 90x's (again). However SPX is in a downwtrend so any rebound should be seen as an opportunity to increase short positions.
Good Weekend
Saturday, May 23, 2009
Next week will be interesting :=) cause in my primary count the wave ii had finished today. So i will expected a gap down monday. During the weekend i will try do my charts.
SPX intraday update (Part 5)
Until now, since the highs of the day (cash) this decline seems more corrective :(.
Read more...SPX intraday update (Part 4)
Two possible H&S's. Who wins? The bears or the bulls? I prefer the bear count but latter will see what happened.
SPX intraday update (Part 3)
The cfd's charts are messy but on cash charts seems a typical abc.
SPX intraday update (Part 2)
Short term maybe is doing some wedge. Possible H&S's? I don't think so but keep in mind the last chart.
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